{"id":119511,"date":"2026-06-16T14:32:42","date_gmt":"2026-06-16T09:02:42","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=119511"},"modified":"2026-06-16T14:32:43","modified_gmt":"2026-06-16T09:02:43","slug":"petronet-lng-share-price-gail-qatar-ras-laffan-lng-restart-hormuz-june-16-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/petronet-lng-share-price-gail-qatar-ras-laffan-lng-restart-hormuz-june-16-2026\/","title":{"rendered":"Petronet LNG Share Price Jumps 1.5%, GAIL Gains as Qatar Plans Rapid Ras Laffan LNG Restart After Hormuz Reopening"},"content":{"rendered":"
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Petronet LNG share price +1.5% June 16. GAIL gains. Qatar plans Ras Laffan LNG restart post US-Iran deal. Hormuz reopens June 19. Petronet: 8.5 MMTPA QatarEnergy contract. Nomura 28% upside.<\/em><\/p>\n

Petronet LNG share price<\/strong> gained approximately 1.5% on June 16, 2026, and GAIL India shares rose in tandem as Qatar announced plans for a rapid restart of LNG production at its Ras Laffan Industrial City – the world’s largest LNG production complex that has been offline since early March 2026 following Iranian missile strikes. The Petronet LNG share price<\/strong> recovery comes as the US-Iran peace deal, signed June 15, 2026, paves the way for the Strait of Hormuz to reopen formally on June 19. For Petronet LNG<\/strong> specifically, the Ras Laffan restart is the most direct positive catalyst: the company has an 8.5 MMTPA long-term supply agreement with QatarEnergy, and the Dahej terminal’s utilisation had dropped sharply during the Strait closure. Nomura India estimates up to 28% upside for Petronet LNG<\/a> and other oil and gas stocks from current peace-deal recovery levels.<\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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